Transfer of property or contract law

Lokesh Kumar V (Querist) 10 January 2009 This query is : Resolved
Whether power of appointment/nomination includes power to revoke?

If a person is given power (by way of a deed) to appoint or nominate any person of his choice, whether that power is enough to revoke an already appointed person? Pls give opinion in this regard with judgments.

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KAMARAJ BHARATHY G (Expert) 10 January 2009
if a power agent does act that is act of the principal. At the same time the principal can revoke his power at any time.

RAKHI BUDHIRAJA ADVOCATE (Expert) 10 January 2009
Mr. KAMARAJ BHARATHY , is absolutely right.

Ashok Kumar Garg (Expert) 10 January 2009
Yes,it will include the power to revoke the existing appointment / nomination, provided the person granting such power by execution of deed had such a power at the time of execution of deed and that original appointee / nominee has not acquired an irrevocable right to be appointed / to continue as such.

If it was not so , the power given to him becomes almost meaningless.

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